CHFJPY Next expected move soon to start

After the market gave us a good move to the upside we are patiently waiting for the market to give us signs of reversing to the downside.

We can still see this week market to waste time going sideways or up. Yen can get weak short term. Monitoring USDJPY to reach at least around the 111 levels first.

Between 121.500 and 122 we can see that sellers will appear.

This is only for educational purposes.

Trade closed: target reached:

market shows signs for possible bounce, suggesting to take profits or move stops